Nancy Is a Realtor and Earns Income Based on a Graduated

Multiple Choice

Nancy is a realtor and earns income based on a graduated commission scale. Nancy is paid $3, 000 plus 2.5% on the first $140,000; 1.5% on the next $300,000 and .5% on the remaining value over $440,000. Determine Nancy's commission earned after selling a $625,000 house.

A) $5,500
B) $6,400
C) $9,750
D) $10,860
E) $11,925